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24.10.25 - 11:24
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"World Is Running Out Of Coffee": Arabica Futures Hit New Highs As Brazil Troubles Worsen (ZeroHedge)
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"World Is Running Out Of Coffee": Arabica Futures Hit New Highs As Brazil Troubles Worsen
Arabica coffee futures in New York jumped nearly 4% to $4.36 a pound - a new record high - amid renewed concerns that adverse weather conditions may impact Brazilian exports. These concerns were previously highlighted in our mid-September coffee report, which warned of ongoing "weather disasters" in Brazil that could threaten global production.
Arabica, the premium bean used by Starbucks, Dunkin', and other chains, had set the previous record of $4.2995 a pound in February amid rising fears that top grower Brazil would export fewer beans.
In a mid-August report, we cited Maja Wallengren, Danish-born independent coffee market reporter and founder of SpillingTheBean, who warned that adverse weather across key coffee-producing areas in Brazil, including the entire Cerrado Mineiro region and parts of Southern Minas, had experienced "frost damage" severe enough to be...
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30.09.25 - 15:48
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Vale Base Metals Announces Start-Up of Furnace 2 at Onça Puma (PR Newswire)
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TORONTO, Sept. 30, 2025 /PRNewswire/ -- Vale Base Metals ("VBM") today began operating the second nickel processing furnace ("Furnace 2") at the Onça Puma Mining Complex in southeastern Pará, Brazil, significantly increasing production capacity and further positioning the company for......
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